New Chinese lockdown as virus returns

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Via Reuters:

A county in central China’s Henan province said on Wednesday it had virtually banned all outbound movement of people, following several cases of coronavirus infection in the area.

No one can travel out of Jia county without proper authorisation, the county, which has a population of about 600,000, said in a post on its social media account. Additionally, residents are not allowed to leave their homes for work unless they have clearance to do so.

Henan province reported one confirmed case in Luohe city on Saturday. Local authorities said the infected person had been in contact with two doctors based in Jia county who later tested positive for the virus even though they had showed no symptoms.

This is not as alarming as it appears if taken at face value. We should expect sporadic outbreaks and containment.

Problem is, does this actually mean several hundred new infections and a new CCP cover up followed by a second wave…

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About the author
David Llewellyn-Smith is Chief Strategist at the MB Fund and MB Super. David is the founding publisher and editor of MacroBusiness and was the founding publisher and global economy editor of The Diplomat, the Asia Pacific’s leading geo-politics and economics portal. He is also a former gold trader and economic commentator at The Sydney Morning Herald, The Age, the ABC and Business Spectator. He is the co-author of The Great Crash of 2008 with Ross Garnaut and was the editor of the second Garnaut Climate Change Review.